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For Sale: Asian Korean Fusion Style Restaurant - Profitable - Torrance, Los Angeles Area

Current Status: Active     Posting #: 263796     Last Refreshed: 8/1/20    
Contact: John Lee At 310-617-3773  -  Also Email This Contact Below
Price:  $350,000     Down:  $350,000     Adjusted Net:  Call / Email     Revenue:  $840,000    
Business Address:  None Given     City:  Torrance     Zip:  90247    
Attributes:  Training & Support     Cooperation With Brokers?  No

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  Description About This Posting: Asian Korean Fusion Style Restaurant - Profitable
Asian Korean fusion style restaurant in Torrance. A most profitable restaurant in South Bay. Only 1,000 sf of space with low rent $3,700 NNN/m in the shopping center. Gross around $70K per month and Net about $20K/ month. No alcohol sold. Open 10-9 PM. Sunday off.

It's a Hidden Diamond.

Seller transfer all the recipes and employees can remain with buyer if buyer wants.

Even under Corona crisis, the monthly sales around $70,000 and net is way above $20,000.

No delivery service and discounted price at any case.

This Korean and Asian fusion style restaurant in Torrance may be the best, most profitable restaurant in whole South Bay area with real low over head.

1,000 sf of space with real low rent $3,700 NNN per month in the shopping center.

An year and half of term with 5 years of option remained.

Monthly Gross sales is above $70,000/m and Net income is above $20,000 per month.
Food cost is very low 20-22%,
Revenue keeps growing.

Asking $350,000.
No alcohol beverage is sold.

Open 10-9 Mon-Sat Sunday closed.

If you open Sunday. It may be easy to make abt $3,800 sales or more.
It may cover monthly rent.

All the figures will be proven 100%.

No problem at all to get any kind of loan by the financials of subject business.
However seller does not want to have any contingency beside Lease Assignment..
Seller wants a buyer who is financially strong enough by proving fund source.

All detail information including trade name and address will be provided by listing broker at meeting for showing after you signed on NDA .

After that you can make an appointment with seller at 9:30 PM or Sun afternoon to verify information that was provided through broker.

The reason to sell under such a good condition of business is very personal unable to open.

Again, all the figures are verified by yourself... Nothing is hided hided.

To get more information about this Asian Korean Fusion Style Restaurant - Profitable business for sale in Torrance, Los Angeles Area please phone John Lee (Intermediary, Broker - BRE License #:01893421) at 310-617-3773 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #263796 on In addition to phoning John Lee, make sure you email John Lee above to get more info about this Asian Korean Fusion Style Restaurant - Profitable, to ask any questions or request an appointment to see this business for sale. Thank you.

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